By Staff Reporter
The Government of Zimbabwe has declared that it will take firm action against schools that refuse to accept the Zimbabwe Gold (ZiG) currency as a valid form of payment for school fees. This comes as authorities move to reinforce the country’s official multi-currency system and promote the use of the newly introduced ZiG in all sectors, including education.
Speaking in Harare last week while addressing Junior Parliamentarians, Primary and Secondary Education Minister Torerai Moyo expressed serious concern over the continued rejection of ZiG by some schools. He stated that such practices were illegal and in direct violation of government policy.
“Why are schools out there rejecting the ZiG currency as payment for fees?” Moyo asked. “Give us the names of such schools. We want to deal with them. We are in a multi-currency system, and ZiG is legal tender in this country.”
The ZiG, introduced by the Reserve Bank of Zimbabwe (RBZ) in April 2024, replaced the depreciating Zimbabwean dollar (ZWL) and is backed by the country’s gold and foreign currency reserves. Its introduction was part of broader efforts by the government to stabilise the economy, restore onfidence in the local currency, and reduce reliance on the U.S. dollar.
Despite this, reports have emerged of schools and other service providers demanding exclusive payment in U.S. dollars, causing frustration for parents and guardians who earn their income in local currency. Many families have expressed concern that the refusal to accept ZiG is not only illegal but also discriminatory, placing undue financial pressure on low-income households.
Government Cracks Down on Schools Rejecting ZiG Currency
Minister Moyo made it clear that such behaviour would no longer be tolerated. He warned that the Ministry of Primary and Secondary Education is ready to take disciplinary action against any school found violating the directive.“Any school refusing to accept ZiG is operating outside the law,” he said. “It is the responsibility of every institution, especially those in education, to uphold national policy. We will take action. No one is above the law.”
